Magic Software Risk Adjusted Performance

MGIC Stock  ILA 4,108  11.00  0.27%   
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Magic Software Enterprises has current Risk Adjusted Performance of 0.0169.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.0169
ER[a] = Expected return on investing in Magic Software
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Magic Software Risk Adjusted Performance Peers Comparison

Magic Risk Adjusted Performance Relative To Other Indicators

Magic Software Enterprises is regarded third in risk adjusted performance category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about  712.60  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Magic Software Enterprises is roughly  712.60 
Compare Magic Software to Peers

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